How Kenya’s Tech Industry Is Reshaping the Economy

Kenya’s tech industry has emerged as a key driver of economic transformation, earning the country the title “Silicon Savannah.” With innovations in fintech, e-commerce, artificial intelligence, and digital infrastructure, the technology sector is reshaping Kenya’s economy by creating jobs, attracting investments, and enhancing financial inclusion. 1. The Rise of Fintech and Financial Inclusion Kenya revolutionized global mobile banking with M-Pesa , a mobile money platform that transformed financial transactions. This innovation has improved access to banking services, allowing millions of unbanked individuals to participate in the economy. The fintech boom has also led to the rise of digital lending platforms, payment solutions, and blockchain applications, further strengthening Kenya’s financial ecosystem. 2. Growth of E-Commerce and Digital Trade The expansion of internet penetration and smartphone usage has fueled the rise of e-commerce platforms like Jumia, ...